Many individuals complain about patent law, but have you ever asked yourself what would happen if patent laws did exist in our country? Do we still need patent laws thinking about the fast pace of technology? When someone gets a patent, they are probably well into production, and they are modifying their services and products as they learn new stuff in the marketplace, and when this occurs Inventhelp Number has to continually be upgraded. The original patent filing becomes nothing more than a concept of what might be done. Much like the original outline for strategic business plan, when it is simply a gleam in an entrepreneur’s eye.
Further, it’s tough to say if patents even matter anymore, due to international corporate espionage, and the truth that a lot of our latest trading partners are constantly stealing our intellectual property, copying our personal tech devices, hijacking our brand names, then selling these products all over the world. Large companies particularly in the technology field must move so quickly, or they will get passed by the competition thus patents often are not worth the paper these people were written on, nor will the patent help the company protect itself using their competitors. (read: Bloomberg Business Week issue March 16, 2012, cover story; “Hey, China! Stop Stealing Our Stuff,” for additional insight).
Sure, the company can sue if someone steals their idea, but by the time the lawsuit has ended, that technologies have been leapfrogged three or four times, so it’s not even relevant at that point. Patent law is interesting since it grants a short-term monopoly on that technology, which was completed to really make it really worth the risk to purchase new inventions. However it seems like it doesn’t really matter, and these corporations that are bringing forth technologies must bring them forth so fast that this New Inventions process is becoming burdensome, slow, and also getting in how.
The companies don’t need to have a patent, what they desire is running speed in the market, and that would provide more competition, and minimize prices for consumers and buyers of those technologies. That could raise the productivity in our economy and become similar to an adrenaline shot. It seems unfortunate that on one side our government attempts to prevent monopolies, however with patent law it grants monopolies from your onset. It’s almost as if we have a schizophrenic group of regulations, in fact it is impeding business.
Worse, for the smalltime inventor, they don’t have the wherewithal or perhaps the money to defend their patents anyway. They may spend each of their money getting a patent to start with, however another company steals it, or someone from China just takes it, starts making these items, and all that money they invested in getting a patent, they may too have spent getting their product ready for market. The smalltime inventor with all the proper backers might be able to bring it to promote, but that doesn’t negate the international competition, and it also only means the smalltime inventor has no chance. Thus they have to sell it, provide away, or have it stolen.
In that case, we aren’t protecting the smalltime inventor, and also the corporations don’t need our protection, nor should we need them busy fighting in court, they ought to spend those resources moving ahead to another generation of technologies. When we completely got rid of the patent laws altogether, what would change? Well, you can claim that everything would change, but that would iqpzlk prevent corporations and businesses, or entrepreneurs from taking risks in the market as long as there are buyers and sellers willing to partake in trade of their hard-earned dollars those technologies.
Since this problem is so complicated, and clouded with lawyers, laws, politics, corporate interests, international challenges, and regulations it’s just transformed into a huge fiasco of biblical proportions, and I would submit for you we are not helping ourselves by continuing to legitimize this monster we’ve created. Either we need a total overhaul of Ideas For Inventions, or we must ditch the whole thing, because it’s not stopping China from taking what they want anyway. May also have Americans copy Americans in that case. Indeed I really hope you are going to please consider all this and think on.